Module 2

Question 1

What are the 3 key area of plan management?

Answer 1

1. Plan design
2. Plan administration
3. Plan funding

Question 2

What do plan design activities generally focus on?

Answer 2

• Plan objectives
• Who is eligible for coverage
• Type and level of benefits provided and under what terms and conditions
• Whether plan members can choose some of their benefits
• Who pays for coverage
• How plan costs will be controlled

Question 3

What are the two types of associations that are eligible for group benefits?

Answer 3

1. An association of employers - typically in the same industry or type of business
2. An association of individuals - typically in the same profession